The first Social Security payment for the month of August is set to be sent to recipients this week, however those who were previously overpaid by the Social Security Administration may see smaller ...
The maximum taxable earnings limit will increase in 2026, so some workers will have more pay withheld to cover Social Security taxes. Social Security's full retirement age (FRA) will increase in 2026, ...
Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.
For years, there have been rumors that Social Security is on the brink of bankruptcy. Thankfully, things aren't quite that dire. Social Security cannot go broke and run out of money because it's ...
No provision in the new tax bill makes Social Security benefits tax free. Social Security benefits began being taxed at the federal level in 1984 to shore up the Social Security trust fund, which was ...
Social Security is a vital source of income for millions of Americans, but after 90 years, the program faces significant financial challenges that could reshape it for future generations. If Congress ...
You're allowed to collect Social Security and a paycheck from a job at the same time. If you earn too much as a early Social Security claimant, you risk having benefits withheld. Given that an early ...
Social Security benefits are eligible for a cost-of-living adjustment (COLA) each year. Based on recent inflation data, 2026's COLA estimate just increased to 2.7%. Though that would be an improvement ...
Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.
Franklin Delano Roosevelt had a clear mind about the value of Social Security on Aug. 14, 1935, the day he signed it into law. “The civilization of the past hundred years, with its startling ...